---
schema_version: "secwatch.filing_event.v1"
accession: "0001013762-25-001601"
form_type: "8-K"
ticker: null
cik: "0001851048"
company_name: "Cyber App Solutions Corp."
filed_at: "2025-03-24T23:59:59+00:00"
generated_at: "2026-05-24T06:53:34.584185+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Cyber App Solutions subsidiary takes $500K loan at 20% interest tied to Nasdaq listing

## Summary
- Proton Green, LLC (wholly owned) borrowed $500K from CFS Debt Fund L.P. at 20% annual interest.
- Repayment due within 2 weeks of Nasdaq listing or by March 19, 2026 if listing fails.
- Lender receives 33,334 commitment shares on repayment; 166,667 shares reserved as collateral.
- Uplisting failure triggers clawback: full repayment in 10 days, plus additional shares every 30 days.
- Establishment fee $15,000 and facility fee $25,000 added to principal.

## SEC filing metadata
- accession: 0001013762-25-001601
- form_type: 8-K
- cik: 0001851048
- company_name: Cyber App Solutions Corp.
- filed_at: 2025-03-24T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1851048/000101376225001601/0001013762-25-001601-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1851048/000101376225001601/ea0231857-8k_cyberapp.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013762-25-001601
- JSON: https://secwatch.observer/filing/0001013762-25-001601.json
- Plain text: https://secwatch.observer/filing/0001013762-25-001601.txt

## Key facts
- Debt Financings
  Cyber App Solutions Corp. incurred loan of $500,000 with CFS Debt Fund L.P. at 20% maturing March 19, 2026.
  - Instrument: loan
  - Principal: $500,000
  - Counterparty: CFS Debt Fund L.P.
  - Rate: 20%
  - Maturity: March 19, 2026
  - Event: incurrence
  source text: On February 14, 2025, Proton Green, LLC (“Proton Green”), a wholly owned subsidiary of Cyber App Solutions Corp. (the “Company”), entered into a loan agreement (the “Loan Agreement”), by and among Proton Green, as the borrower, and CFS Debt Fund L.P., as the lender (the “Lender”). The aggregate principal amount under the Loan Agreement is $500,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1851048/000101376225001601/0001013762-25-001601-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.